810 E 25th Street, Panama City, FL 32405
New Listing
$1,500,000
Property Type:
Commercial for Sale
Square Footage:
9,120
Lot Size (sq. ft.):
48,352
Status:
Active
Current Price:
$1,500,000
List Date:
6/23/2026
Last Modified:
6/23/2026
Overview
Description
…
(Read more)
Turnkey Multi-Family Investment Opportunity – 8 Units in the Heart of Panama City
Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways.
Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include:
New roofs
New PVC plumbing from fixtures through the slab and out to the exterior
PEX water lines throughout
Spray foam insulation on the roof deck for enhanced energy efficiency
New HVAC systems and ductwork
New appliances
All new sheetrock
New plumbing fixtures
New lighting fixtures
New electrical service and wiring
New flooring throughout
Indoor laundry rooms in every unit
Strong Income-Producing Asset
Monthly Gross Income: $12,000
Annual Gross: $143,700
All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare.
Whether you’re expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes
Listing Details MLS# 791716
Contract Info
- List Price/SqFt
- 164.47
- Sub-Type
- Multi-Family
Location
- Area
- 02 – Bay County – Central
- Street #
- 810
- Street Direction
- E
- Street Name
- 25th
- Street Suffix
- Street
- State
- FL
- Zip Code
- 32405
- County
- Bay
- Sub Area
- 0201 – Bay – Central NE
- Subdivision
- [No Recorded Subdiv]
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 12942-010-000
- Elementary School
- Hiland Park
- Middle School
- Mowat
- High School
- Bay
- Directions
- North on Hwy 77, right onto 25th street, properties on right
- Legal Description
- 28 3S 14W -77.10- 104B ST A B DEV CO PLAT BEG 168.5' N & 132' W OF SE COR LOT 99 TH W 160' N 13' W 28' S 13' W 157' N 140.9' E 345' TO POB ORB 4382 P 448
General Property Info
- List Class
- Apartment
- Construction Status
- Construction Complete
- # of Units
- 8
- SqFt Unit
- 1140
- Site Dimensions
- 345.0 ft x 140.0 ft
- Acreage
- 1.11
- Lot Depth
- 140
- Lot SqFt
- 48264
- SqFt Tot Bldg
- 9120
- Year Built
- 1970
Income Producing
- Building SqFt
- 9120
- Annual Gross Income
- 143700
Listing Info, Tax and Legal
- HOA Fee
- No
More Information
Remarks & Misc
- Remarks
- Turnkey Multi-Family Investment Opportunity – 8 Units in the Heart of Panama City Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways. Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include: New roofs New PVC plumbing from fixtures through the slab and out to the exterior PEX water lines throughout Spray foam insulation on the roof deck for enhanced energy efficiency New HVAC systems and ductwork New appliances All new sheetrock New plumbing fixtures New lighting fixtures New electrical service and wiring New flooring throughout Indoor laundry rooms in every unit Strong Income-Producing Asset Monthly Gross Income: $12,000 Annual Gross: $143,700 All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare. Whether you're expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes
Utilities
- All Utilities
- Yes
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Sale Type
- As Is
- Yes
Floors in Unit/Home
- One
- Yes
Property Features
Sale Type:
As Is
Utilities:
All Utilities; Public Sewer – Connected; Water Connected
Listing Office:
Chesnut Realty, Inc
Last Updated: June – 23 – 2026
Information deemed reliable but not guaranteed.